NXP Gets FTC Clearance To Merge With Freescale Semiconductor

By Wallace WitkowskiMarketWatch Pulse

NXP Semiconductors NV said late Wednesday it received approval from the Federal Trade Commission to merge with Freescale Semiconductor Ltd. . NXP and Freescale announced the $11.8 billion deal back in March. NXP expects to close the deal by Dec. 7.

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